Link Copied
Listed price in listed location currency (USD).
$610,000

000

MLS® 5076867

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4959 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.14 acres
Approx. Age 1900
Avg. Price Per Sqft $123
MLS® Number 5076867

Property Address: 1 Nickwackett St, Rutland, VT, 05701-4005

Average square foot calculated using Size range provided by listing agent.

Description

Located in the heart of Historic Rutland City, this fully renovated and income-producing triplex offers a rare turnkey investment opportunity. Featuring 11 bedrooms and 6 full bathrooms, the property is configured for high-efficiency, dormitory-style living and comfortably accommodates up to 20 occupants. The building has been thoughtfully updated and styled for function, durability, and long-term performance. Recent improvements include reconfigured layout including electrical, plumbing/ heating systems; with newly renovated bathrooms, new laminate flooring/ carpet throughout, new stainless steel appliances, and brand-new 2 coin-operated laundry facilities. All furnishings convey with the sale, allowing for a seamless transition and continued revenue from day one. Currently operating with rental contracts with steady year-over-year income in place, this property provides immediate cash flow and stability for investors. The layout and capacity make it ideal for workforce housing, corporate housing, group accommodations, or other shared-living arrangements. Positioned in desirable Historic Rutland City, (TIF District) close to downtown amenities, transit, employers, and area attractions, this property combines strong rental demand with a fully operational setup. This is a true plug-and-play multifamily investment with established income, updated systems, and minimal startup costs.
MLS® Number5076867
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1900
BasementPartial
DrivewayOff Street, On Site
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$610,000List Price
Feb 21, 2025End Date
$220,000Sold Price

Sold

Jun 27, 2024List Date
$250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1 Nickwackett St, Rutland, VT

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties